PNB Gilts has reported results for third quarter ended December 31, 2020.
The company has reported around 4-fold jump in its net profit at Rs 167.07 crore for the quarter under review as compared to Rs 44.10 crore for the same quarter in the previous year. Total income of the company increased by 49.07% at Rs 323.07 crore for Q3FY21 as compared Rs 216.73 crore for the corresponding quarter previous year.
PNB Gilts a renowned and preferred name in the Indian debt market was one of the first entities to be granted the Primary Dealership License by the Reserve Bank of India. The company is also a subsidiary of one of the largest Indian commercial banks, Punjab National Bank.